alt Hacker NewsShoveling 70% less money into a money pit is still shoveling money into a money pit. Not to mention that at least openai/anthropic has better prospects of making back the money because their models are proprietary, and won't be cannibalized by other companies serving the exact same models.
Neither of the two is designed or cares to ever be profitable or make any money back.
Those are Musk-like businesses, on steroids.
Not even Tesla has been profitable compared to the capital raised and the debt issued.